Environmental Assessment
112248 ENVIRONMENTAL AND SOCIAL REVIEW SUMMARY (ESRS) PROJECT Scaling Solar Zambia – Neoen # 37811 Disclaimer This Environmental and Social Review Summary (ESRS) is prepared and distributed in advance of the World Bank and IFC Joint Board of Directors' consideration of the proposed transaction. Public Disclosure Authorized Its purpose is to enhance the transparency of WBG's activities, and this document should not be construed as presuming the outcome of the Board of Director's decision. Board dates are estimates only. Any documentation which is attached to this ESRS has been prepared by the project sponsor and authorization has been given for public release. WBG has reviewed this documentation and considers that it is of adequate quality to be released to the public but does not endorse the content. Project Description: As part of the World Bank Group (WBG) Scaling Solar program, Neoen SAS in consortium with First Solar (“the Sponsors”) has been awarded the contract to finance, construct and operate a 55 MWp solar photovoltaic (PV) power plant (“the project”) at the Lusaka South Multi-Facility Economic Zone (LS-MFEZ) in Zambia. The Sponsors incorporated together with IDC (the Public Disclosure Authorized Industrial Development Corporation, an investment company owned by the Government of the Republic of Zambia) a special purpose vehicle dedicated to the project (“the Company”, or “Bangweulu Power Company Limited”). Neoen, the main sponsor of the project, is an independent power producer, generating electricity from renewable sources (solar, wind or biomass). Neoen develops, finances, builds and operates power plants and is active in France, Portugal, Australia, Mexico, Egypt, Mozambique, Jamaica, Zambia, Jordan and El Salvador.
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